Debts
€10,848 96% of the balance sheet
Boya Engineering
Overview
Lifetime
1 annual account with figurespeak -€10,705 (2025)
-€10,705
lowest -€11,538 (2025)
-€11,538
peak €462 (2025)
€462
€10,848
Board4 names since 2024
2 directorsBRUYNSEELS Yannick Stephan and 1 other
Owners
50%BRUMACOM
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Loss of €11,538First year with figures
Key points
from the 2025 annual accountsStarting capital
€12,000 12,000 shares
Position in the sector
€462
Less equity than 90% of companies in specialised construction. Sector median €57,756 · 35,086 companies.
2025 accounts filed 31 days after the deadlineTurnover not published (micro format)
Checked score
53
Fair
Financially stronger than 19% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,695 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
08-2025: 1.9%
09-2025: 1.9%● unchanged vs 08-2025
10-2025: 2.0%▲ +0.1 percentage points vs 09-2025
11-2025: 2.3%▲ +0.3 percentage points vs 10-2025
12-2025: 2.4%▲ +0.1 percentage points vs 11-2025
01-2026: 2.7%▲ +0.3 percentage points vs 12-2025
02-2026: 3.0%▲ +0.3 percentage points vs 01-2026
03-2026: 3.0%● unchanged vs 02-2026
04-2026: 2.9%▼ -0.1 percentage points vs 03-2026
05-2026: 2.9%● unchanged vs 04-2026
06-2026: 3.2%▲ +0.3 percentage points vs 05-2026
07-2026: 3.3%▲ +0.1 percentage points vs 06-2026
08-2026: 3.3%● unchanged vs 07-2026highest value
09-2026: 1.6%▼ -1.7 percentage points vs 08-2026lowest value
10-2026: 1.6%● unchanged vs 09-2026lowest value
11-2026: 1.6%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Founded in 2024
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
Equity €462 (4.1% of total assets)
lowers risk
Liquidity: current ratio 1.04, cash €11,256
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 10% of them on solvency, 43% on liquidity and 4% on profitability.
The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 757 companies had the same profile as Boya Engineering has now. Each dot stands for 2 companies, two years later.
86.7%
were still trading
4.8%
stopped another way
7.9%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Boya Engineering itself: 1.6% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 757 companies, not a prediction for Boya Engineering. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is tight, with a current ratio of 1.04, below the usual 1.5. Short-term debt is 95.9% and cash 99.5% of total assets. 95.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 35074 sector peers (2025).
NBB · sector comparisonPosition among 35074 sector peers
Solvency
better than 11%
← weakest
strongest →
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
31 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1011670111
1 director resigning
SUBLIME INDUSTRY V.O.F. (director) · Permanent representatives: Scholte Robertus and Bruynseels Yannick · Director discharge: SUBLIME INDUSTRY V.O.F. · General meeting of 15-11-2024 · Gazette deed
Incorporation
Founding capital of €12,000, 12,000 shares · Founders: BRUMACOM and Sublime Industry · Appointments: BRUYNSEELS Yannick Stephan (director) and SCHOLTE Robertus Martinus Maria (director) · published on 19-07-2024 · Gazette deed
First establishment
Kanaaldijk 355, Schoten
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Boya Engineering Schoten | €11,310 | -€10,705 | 4.1% | - |
| D&W Invest Balen | €11,413 | -€6,256 | -32.7% | - |
| Hoskens Tech Innovations Boom | €12,968 | -€26,492 | -137.9% | - |
| SMX TECHNOLOGY Charleroi | €10,065 | -€12,126 | -187.6% | - |
| HS-ELECTRICS Tienen | €12,529 | -€13,957 | -84.6% | - |
| A-ENERGY Bocholt | €10,531 | -€145,845 | -1179.3% | - |
| AH Electro Turnhout | €17,494 | -€3,664 | 31.0% | - |
These companies have the same main activity as Boya Engineering: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €10,100 and €17,500, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 17-07-2024Normal situation
- Activity
- General electrical installation workNACE 43211and 2 others
- Establishment unit
- 2.361.962.9652900 Schoten, since 17-07-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 12-06-2025
Insights on Boya Engineering
The computed 12-month bankruptcy probability of Boya Engineering is 1.6% (moderate). The annual accounts of Boya Engineering for financial year 2025 show a net loss of 102% of total assets.
The 2025 annual accounts show equity of €462 and a net result of -€11,538. Its solvency ranks better than 11% of 35,074 sector peers (NACE 43, financial year 2025).
The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 31-08-2026, 31 days late-€10,705
-€10,825
-€11,538
€462
4.1%
1.04
Turnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €11,310 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
4.1%
Higher than 11% of 35,074 companies in 2025.
1.04
Higher than 23% of 34,450 companies in 2025.
-102.0%
Lower than 95% of 34,650 companies in 2025.
Boya Engineering
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
11,310 | |
29/58 |
11,310 | |
40/41 |
54 | |
41 |
54 | |
54/58 |
11,256 | |
| Balance sheet: equity and liabilities | ||
10/49 |
11,310 | |
10/15 |
462 | |
10/11 |
12,000 | |
14 |
-11,538 | |
17/49 |
10,848 | |
42/48 |
10,848 | |
44 |
788 | |
440/4 |
788 | |
47/48 |
10,060 | |
| Income statement | ||
9900 |
-10,705 | |
640/8 |
120 | |
9901 |
-10,825 | |
65/66B |
713 | |
65 |
713 | |
9903 |
-11,538 | |
9904 |
-11,538 | |
9905 |
-11,538 | |
| Appropriation of the result | ||
9906 |
-11,538 | |
| Document | ||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00465029.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00465029 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 462 | ||
| 4.1% | ||
| 1.04 | ||
| -102.0% |
The equity ratios are withheld because equity of €462 is too small for a meaningful ratio.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on Boya Engineering
Debt's share of the balance-sheet total is 95.9%.
Board & ownership
Board
2 directors, 1 in day-to-day management, no change since December 2024Director (not named in the articles) and day-to-day manager
appointed by deed of 19-07-2024
term without a fixed end
also on the board of 1 other company
- BRUYNSEELS Yannick Stephan
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 19-07-2024
Mandates through the years
4 names, the dashed line is todayBRUYNSEELS Yannick Stephan
Director (not named in the articles), Day-to-day manager
Director (not named in the articles), Day-to-day manager
Brumacom BV
Director
Director
SUBLIME INDUSTRY
Director (not named in the articles)
Director (not named in the articles)
SCHOLTE Robertus Martinus Maria
Director (not named in the articles)
Director (not named in the articles)
LeadershipBoardEarliermandate already running before its first mentionend not dated
Mandates as a list
- BRUYNSEELS Yannick Stephan
- Director (not named in the articles), appointed by deed of 19-07-2024, still in office
- Day-to-day manager, appointed by deed of 19-07-2024, still in office
- Brumacom BV
- Director, since before 31-12-2025
- SUBLIME INDUSTRY
- Director (not named in the articles), until 18-12-2024
- SCHOLTE Robertus Martinus Maria
- Director (not named in the articles), appointed by deed of 19-07-2024, no longer listed in the 2025 annual accounts
Control
Shareholder
Equity €347,801
Profit €501 in 2025 (profit €22,844 in 2024)
Source: accounts BRUMACOM 2025
50%
This company
Boya Engineering
Equity €462
Loss €11,538 in 2025
Capital
- Contribution
- €12,000
- Shares
- 12,000
- Contribution per share
- €1
- Equity per share
- €0.04 in 2025
- Source
- deed of 19-07-2024
Owners through the years
as the annual accounts name themOwners as a list
- BRUMACOM
Source: lists of holdings in the owners' accounts
Articles of association
deed of 19-07-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Thursday of June at 18:00
Capital transactions
Shareholders according to the deeds
At incorporation
deed of 19-07-2024 ↗
- BRUMACOM (BE 0836.555.516) 6,000 shares (50%) · €6,000
- Sublime Industry (BE 1010.428.313) 6,000 shares (50%) · €6,000
Capital over time
- 19-07-2024 Incorporation · €12,000 · 12,000 shares
Network & group
No group
Boya Engineering has no parent and no holdings in its annual accounts.
At the same address
Kanaaldijk 355, 2900 Schoten · 3 other companies| IBELEC
registered office since 06-01-1989 · founded in 1988 |
34 FTE (2025) 0435.750.922 |
| STUDIEBUREAU BRUYNSEELS
registered office since 07-12-1984 · founded in 1984 |
21 FTE (2025) 0426.500.486 |
| BRUMACOM
establishment since 26-05-2011 · founded in 2011 |
total assets €2.1m (2025) 0836.555.516 |
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
SUBLIME INDUSTRY
via SCHOLTE Robertus Martinus Maria · Permanent representative · deed of 19-07-2024
Founded in 2024
→
Timeline
Timeline
5 events since 2024Board
Filings
Establishments
202420252026
2026
Annual accounts 2025 filed NBBmicro format · 31 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1011670111
2024
1 director resigningSUBLIME INDUSTRY V.O.F. (director) · Permanent representatives: Scholte Robertus and Bruynseels Yannick · Director discharge: SUBLIME INDUSTRY V.O.F. · General meeting of 15-11-20245 points ▸
- General meeting, 15-11-2024
- Director resignation, SUBLIME INDUSTRY V.O.F. (director (not named in the articles))
- Director discharge, SUBLIME INDUSTRY V.O.F.
- Permanent representative, Scholte Robertus
- Permanent representative, Bruynseels Yannick
IncorporationFounding capital of €12,000, 12,000 shares · Founders: BRUMACOM and Sublime Industry · Appointments: BRUYNSEELS Yannick Stephan (director) and SCHOLTE Robertus Martinus Maria (director) · published on 19-07-20247 points ▸
- Founding capital, €12,000, 12,000 shares
- Founder, BRUMACOM
- Founder, Sublime Industry
- Registered office clause, Kanaaldijk 355, 2900 Schoten
- Director appointment, BRUYNSEELS Yannick Stephan (director (not named in the articles))
- Director appointment, SCHOLTE Robertus Martinus Maria (director (not named in the articles))
- Director appointment, BRUYNSEELS Yannick Stephan (day-to-day manager)
- The deed holds 4 more points.
First establishment Kanaaldijk 355, Schoten
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 1011.670.111
- VAT number
- BE 1011.670.111
- Peppol ID
- 0208:1011670111
- Other Peppol ID
- 9925:BE1011670111
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 17-07-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Thursday of June at 18:00deed of 19-07-2024 (in Dutch)
- Peppol
- Reachable since 12-06-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Boya Engineering in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 19-07-2024 (in Dutch)
- Name clauseThe company operates under this name according to its articles.
- Boya Engineeringdeed of 19-07-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 19-07-2024 (in Dutch)
Activities
NACEBEL 202543211
General electrical installation work main activity
62100
Computer programming
Codes under NACEBEL 2008
43211
Specialised construction activities main activity
62010
Computer programming, consultancy and related activities
62020
IT consultancy
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Automatiseren en optimaliseren van(industriële)installaties alsook het ontwerpen,uitwerken,plaatsen en onderhouden van de installaties…”deed of 19-07-2024 (in Dutch)
7 activities
- Automatiseren en optimaliseren van(industriële)installaties alsook het ontwerpen,uitwerken,plaatsen en onderhouden van de installaties.
- Ontwerpen,uitwerken,plaatsen en onderhouden van camera systemen.
- Kopen en verkopen van camera systemen(en computers)
- Elektrotechnische installatiewerken aan gebouwen inclusief het plaatsen van CCTV systemen
- Ingenieursactiviteiten:advies en ontwerpen van elektrische en geautomatiseerde installaties alsook het uitwerken van projecten.
- Ontwerpen en programmeren van computerprogramma’s
- Computerconsultancy activiteiten
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Kanaaldijk 355 registered office 2900 Schoten | 17-07-2024 | 2.361.962.965 |
Buildings and parcels at the address
- Ground area
- 4,525 m²
- Buildings
- 850 m²
- Volume, LiDAR
- 6,215 m³
- Tallest building
- 20.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11040D0532/00T000 | 4,525 m² | 1 · 850 m² | 20.8 m · 3 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1011.670.111